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Use the foq model when inventory is more important or expensive as you do not want to have stock out for this particular inventory whilst fop is used when inventory requires high maintenance costs

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Q: When to use fixed -order quantity model over fixed-time period model?
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When to use fixed order quantity model over fixed time period model?

Use the foq model when inventory is more important or expensive as you do not want to have stock out for this particular inventory whilst fop is used when inventory requires high maintenance costs


What is production order quantity model?

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What is a market-clearing model?

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The first American automobile to be produced in quantity was the?

T MODEL FORD


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